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Lego Group Co., Ltd.: Plans to acquire 32% equity of Yisibeisi for 18.65.6 million yuan

MarsBitNews
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Mars Finance News, May 28: Luguo Co., Ltd. announced that the company plans to acquire 32% of the equity in Suzhou Yisibeisi Technology Co., Ltd., an affiliate held by Zhang Wenxi, using 18.656 million yuan of its own funds. Before the transaction is completed, the company will hold 20% of Yisibeisi’s shares; after completion, it will hold 52% of its equity, and Yisibeisi will be included in the scope of the company’s consolidated financial statements. This transaction does not constitute a major asset restructuring and therefore does not need to be submitted for consideration by the shareholders’ meeting. Yisibeisi’s revenue in 2025 was 59.6814 million yuan, with net profit of 2.095 million yuan; for January to March 2026, revenue was 11.3428 million yuan, with a net loss of 0.4845 million yuan. (Company announcement)
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ProofOfVibes
· 8h ago
This company in Suzhou is not mentioned at all; blindly guessing, it's probably a pawn in Lege's supply chain.
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NeonVortexInTheSmog
· 8h ago
Related-party transactions, although they don't require shareholder approval, should still raise a question in the minds of minor shareholders.
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DustyAlpha
· 8h ago
Bought 32% equity for 18.65 million, the valuation comes out to less than 60 million? Feels like a bargain or just taking over the position.
View OriginalReply0

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